XML 66 R52.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Other Comprehensive Income (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity [Abstract] |
Schedule of Components of Other Comprehensive Income and Related Tax Effects | Other comprehensive income components and related tax effects were as follows for the years ended December 31, 2023, 2022, and 2021:
| December 31, 2023 |  | December 31, 2022 |  | December 31, 2021
Unrealized holding gains (losses) on available-for-sale securities | $ | 7,785 |  |  | $ | (67,167) |  |  | $ | (19,526) |
Less reclassification adjustment for gains recognized in earnings | (52) |  |  | (651) |  |  | (783) |
Net unrealized gains (losses) | 7,733 |  |  | (67,818) |  |  | (20,309) |
Tax effect | (1,624) |  |  | 14,242 |  |  | 4,265 |
Net-of-tax amount | 6,109 |  |  | (53,576) |  |  | (16,044) |
Amortization of unrealized gains from held-to-maturity securities | 748 |  |  | 1,107 |  |  | — |
Tax effect | (157) |  |  | (232) |  |  | — |
Net-of-tax amount | 591 |  |  | 875 |  |  | — |
Actuarial gains (losses) on postemployment health care plan | (2) |  |  | 303 |  |  | 391 |
Net amortization of transition obligation and actuarial gain | (174) |  |  | (113) |  |  | (43) |
Net unrealized gains (losses) on postemployment health care plan | (176) |  |  | 190 |  |  | 348 |
Tax effect | 37 |  |  | (40) |  |  | (73) |
Net-of-tax amount | (139) |  |  | 150 |  |  | 275 |
Unrealized gains on interest rate swap | — |  |  | 411 |  |  | 105 |
Less reclassification adjustment for gains (losses) recognized in earnings | (151) |  |  | 127 |  |  | 276 |
Net unrealized gains (losses) | (151) |  |  | 538 |  |  | 381 |
Tax effect | 32 |  |  | (113) |  |  | (80) |
Net-of-tax amount | (119) |  |  | 425 |  |  | 301 |
Other comprehensive income (loss) | $ | 6,442 |  |  | $ | (52,126) |  |  | $ | (15,468) |
Schedule of Change in Accumulated Other Comprehensive Income (Loss) | The following is a summary of the change in the accumulated other comprehensive income (loss) balance, net of tax, for the years ended December 31, 2023, 2022, and 2021.
| Balance December 31, 2022 |  | Comprehensive Income (Loss) |  |  |  | Balance December 31, 2023
Unrealized gains on securities available-for-sale | $ | (54,282) |  |  | $ | 6,109 |  |  |  |  | $ | (48,173) |
Amortization of unrealized gains from held-to-maturity securities | 875 |  |  | 591 |  |  |  |  | 1,466 |
Unrealized gains (losses) on postretirement benefits plan | 768 |  |  | (139) |  |  |  |  | 629 |
Unrealized gains (losses) on interest rate swap | 119 |  |  | (119) |  |  |  |  | — |
Total | $ | (52,520) |  |  | $ | 6,442 |  |  |  |  | $ | (46,078) |
| Balance December 31, 2021 |  | Comprehensive Income (Loss) |  |  |  | Balance December 31, 2022
Unrealized losses on securities available-for-sale | $ | (706) |  |  | $ | (53,576) |  |  |  |  | $ | (54,282) |
Amortization of unrealized gains from held-to-maturity securities | — |  |  | 875 |  |  |  |  | 875 |
Unrealized gains on postretirement benefits plan | 618 |  |  | 150 |  |  |  |  | 768 |
Unrealized gains (losses) on interest rate swap | (306) |  |  | 425 |  |  |  |  | 119 |
Total | $ | (394) |  |  | $ | (52,126) |  |  |  |  | $ | (52,520) |
| Balance January 1, 2021 |  | Comprehensive Income (Loss) |  |  |  | Balance December 31, 2021
Unrealized gains (losses) on securities available-for-sale | $ | 15,338 |  |  | $ | (16,044) |  |  |  |  | $ | (706) |
Unrealized gains on postretirement benefits plan | 343 |  |  | 275 |  |  |  |  | 618 |
Unrealized gains (losses) on interest rate swap | (607) |  |  | 301 |  |  |  |  | (306) |
Total | $ | 15,074 |  |  | $ | (15,468) |  |  |  |  | $ | (394) |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration